American Airlines Group Inc., formed today when AMR Corp. and US Airways Group Inc. combined, is poised to rise on confidence that the world’s largest carrier can avoid the pitfalls that dragged down other mergers.
JetBlue Airways Corp. Chief Executive Officer Dave Barger is considering departing when his contract expires in 2015, and the board has begun planning for a possible successor as the airline struggles to win over investors.
Virgin America Inc., the low-fare airline partly owned by Richard Branson, will trim capacity by 3 percent in the first quarter and is offering voluntary short- term leave to employees to cut costs, citing a weaker outlook.
Spirit Airlines Inc. carved out a niche as the ultra low-cost, no-frills carrier, charging for everything from carry-on bags to printing boarding passes. It’s achieved another get-what-you-pay-for milestone, this time as the airline with the worst on-time record in North America.
Doug Parker was snubbed three times as a merger partner in deal-making that produced the world’s biggest airlines. Taking over AMR Corp. may be his last chance to break into the top tier of U.S. carriers.
United Continental Holdings Inc. plans to cut 1,300 jobs and some service at Houston’s main airport after the city backed Southwest Airlines Co.’s bid to start international flights from a secondary facility.